***New Video Alert! How do most small business owners end up posting ads that don’t sell their business? They make the most common mistake that I see repeatedly. They don’t understand the difference between the selling price of a business and the value of its cash flow. In most cases, this is not the same number. Most business brokers are clueless about this. Watch right here: https://youtu.be/on4RmO0egMM Cheers See you over on YouTube David C Barnett #businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #mistakes #fail #operatingcapital #capitalpeg #workingcapitaladjustment

***New Video Alert! Are you a business owner who plans to retire one day? Are you a financial or investment advisor? Watch and I’ll show you the Achilles Heel of your plans and how to make them better. Most business owners who can’t retire FAILED to spot this problem and their advisors were never informed enough to point it out. Watch right here: https://youtu.be/vNRvGircerk Cheers See you over on YouTube David C Barnett

Employee Ownership Trusts in Canada New Livestream guest- Jon Shell I’m happy to have Jon join me on a live broadcast. Jon built a PE-backed rollup in the veterinarian space and now is the Chair at Social Capital Partners, a Toronto-based organization with the goal of helping more employed people enjoy the benefits of business ownership. Tune in and as we’ll be discussing new rules in Canada regarding employee ownership trusts. This is a ‘must see event’ for people that might want to sell their company to employees. These new rules are based on concepts that have been available in the US and UK for quite some time and the conversation may also be interesting to viewers in those countries as well. Find the site Jon mentioned here: https://www.employee-ownership.ca/ Find Jon on Linkedin here: https://www.linkedin.com/in/jon-shell-8952491/ Find the video on leveraged buy outs here: https://youtu.be/UrBLOtRY0OI

Book your Holiday Chat call now: https://calendly.com/dbarnett/2023-holiday-chatsecretcode Learn about the Black Friday deals... - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com

Can you buy a licensed business without a license? It depends on your location and the specific industry. The discussion dives into the risks involved, especially in sectors like plumbing and HVAC, highlighting local regulations and economic factors. Learn about the importance of having licensed employees and effective recruitment strategies to ensure smooth operations. The host also unpacks the complexities that come with acquiring smaller businesses versus larger ones and shares real-world examples to illustrate these points.

What if the perfect business isn’t in your backyard? Discover key strategies for acquiring businesses in distant locations without relocating. Explore the complexities of local market dynamics and the importance of community ties. Learn about managing travel expenses and structuring for tax benefits when buying out-of-state. Understand the essentials of building a reliable local team and leveraging technology for effective remote management. Plus, insights on establishing support networks to prevent costly mistakes in remote acquisitions!

Spencer Raises MiLLION$$$ New Livestream guest- Spencer Hilligoss I’m happy to have Spencer join me on a live broadcast. He’s been busy doing private real estate deals and he’s raised millions of dollars via syndication deals. Tune in and as we’ll be discussing how his business operates and what it’s like to attract and accept investor money. If you think you’re just gonna ‘get investors’ this episode is for you as we’ll be discussing all the realities of being responsible for other people’s money. This is a ‘must see event’ for people who need to raise cash to get deals done. Find spencer online at Madison Investing here: https://www.madisoninvesting.com/ Be sure to join my email list so you never miss any new videos at https://www.DavidCBarnettList.com

Discover the intriguing debate between buying and starting a business, focusing on the crucial idea of being 'sell ready.' Learn how proper preparation can enhance both value and profitability. The podcast also dives into the importance of having a clear return on capital strategy, especially with the growing trend of car washes. Another highlight is the concept of stair-step growth, which helps manage small business expansion without overextending. Plus, hear relatable stories about emotional challenges in business valuation and the frustrations of navigating the airline industry.

Discover how successful business owners invest their money and the pitfalls of conventional financial advice that may not suit entrepreneurs. Learn to distinguish between investing and speculation, and explore the nuances of managing wealth beyond traditional theories. Delve into strategic wealth management and the vital role of creditor-protected assets like life insurance. Uncover the importance of financial preparedness when acquiring a business and the complexities of valuations and post-acquisition management.

Jennifer R. Lee, a Florida Financial Planner and author specializing in helping women navigating divorce, shares invaluable insights for business owners. She discusses tailored financial planning strategies for entrepreneurs, emphasizing cash flow management and retirement planning. Jennifer also addresses the emotional challenges of divorce, highlighting the need for transparency and self-advocacy. Additionally, she offers guidance on maintaining business health after personal loss, showcasing the importance of proactive planning and clear communication in these tumultuous times.